John Smedley, who co-founded the mighty Sony Computer Entertainment (who later on became Daybreak) has stepped down as CEO.

This information comes direct from the company itself, who issued a statement saying, “At this time, I can confirm that John Smedley will be taking some time off from the company for the near-term and transitioning to a different role to be determined. Upon finalization of his plans, further communication will be provided.”

This is fairly close on the heels of Smedley’s public outcry regarding the sentence a member of the LizardSquad received for his role in the attacks on Smedley and others.

This isn’t just limited to their attacks on PSN & XBLA, but also to the many other offenses LizardSquad have commited. This includes falsely reporting a bomb threat which caused a plane with Smedley on board to be grounded.

John himself took to Reddit not long ago to discuss the attacks he had personally suffered.

“I’ve also been swatted (multiple times) and had over 50 false credit applications submitted in my name and had to deal with the ramifications of what happens to your credit when this kind of thing happens. It’s not good. And to top it all off they decided to submit false tax returns.”

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